Jms Trading Ltd

Jms Trading Ltd, based in Birmingham, UK, is a small, active company founded five years ago. With three employees and £137,198 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company regularly imports miscellaneous manufactured goods, with 75 months of import activity recorded.

Jms Trading Ltd functions as a cash-and-carry wholesaler, offering a wide range of products including rugs, bedding, stationery, tools, kitchenware, suitcases, plastic goods, and more. Its website showcases a diverse inventory and encourages customers to download a catalogue or contact them directly. They even have a showroom and offer sales rep meet-and-greets. The business also appears to have a WhatsApp number for customer service.

Financially, Jms Trading Ltd presents a mixed picture. While finished goods inventory increased by 14% to £110,000, cash bank on hand dropped significantly by 70% to £12,000. Bank borrowings surged by 500% to £30,000, and net assets grew by 23% to £86,000. Trade debtors increased by 1200% to £12,000, suggesting a potential need to improve payment collection. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the increase in borrowings and decrease in cash reserves are concerning. No auditor is mentioned, which is typical for small companies.

The company’s growth in employees from three to five suggests increased activity, but the financial data indicates a need for careful management. The increase in debt could be a result of expanding inventory or operational costs, but it’s something to keep an eye on. The company’s focus on importing and wholesale distribution, combined with its online presence, suggests a business adapting to changing market conditions.

Registered in England/Wales under the registration number 12600708, with a registered address at B6 7DG, England, Birmingham, 133 Tame Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.